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To: David W. Taylor who wrote (1043)5/10/2000 11:17:00 AM
From: mts362  Respond to of 2013
 
This has become a very common practice in the last year or so. Before then these sorts of charge were viewed for what they are, which is a negative thing.

David - You are wrong about that, Dead wrong! Financial analysts have been taught to add back one-timers as long as I can remember. While many metrics used to value stocks changed in the '98-'99 period, this is not one of them.

MTS



To: David W. Taylor who wrote (1043)5/10/2000 1:56:00 PM
From: MeDroogies  Read Replies (1) | Respond to of 2013
 
Not true, one time charges are something that have been commonplace over the last 25 years. AOL, you'll remember, got hammered 5 years ago for taking one as they switched marketing costs over from capital to overhead (even though accounting rules didn't call for it...investors did).
One time charges are very useful for making valid apples to apples comparisons.


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